Welcome to Unit 311 at Lake Oswego Terraces, an exceptional opportunity to rent the largest residence in the community. This beautifully remodeled 3-bedroom, 2-bathroom condominium offers 1,894 square feet of thoughtfully designed single-level living with breathtaking panoramic views of the Willamette River from nearly every room.
Completely remodeled in 2025, this exceptional home blends timeless design with modern luxury. The expansive great room is bathed in natural light from oversized windows and two sliding glass doors that open to an impressive double-length covered balcony overlooking the riveran ideal setting for morning coffee, entertaining guests, or simply taking in the peaceful waterfront scenery. A striking floor-to-ceiling painted brick fireplace anchors the living space, creating a warm and sophisticated focal point.
Designed for both everyday living and entertaining, the chef's kitchen features sleek white cabinetry, stainless steel appliances, quartzite countertops and a full-height matching backsplash, an oversized waterfall island with seating, and abundant storage. The open-concept layout flows seamlessly into the dining and living areas, creating an inviting space for gathering with family and friends.
Luxury vinyl plank flooring extends throughout the home, while each room is equipped with its own new mini-split heating and cooling system in addition to zonal heat, providing personalized comfort in every space.
The spacious primary suite is a private retreat featuring stunning river views, a private balcony, and a spa-inspired ensuite complete with a custom tiled walk-in shower, dual vanity, designer finishes, and custom built-in cabinetry. Two generously sized guest bedrooms offer comfortable accommodations for family or visitors, while a dedicated office provides the perfect work-from-home space.
The thoughtfully designed laundry room is as functional as it is beautiful, offering custom cabinetry, butcher block countertops, a utility sink, pantry storage, and a convenient dog station.
Residents of Lake Oswego Terraces enjoy an outstanding collection of amenities, including two sparkling outdoor pools, a fully equipped fitness center, secure bike storage, two electric vehicle charging stations, and the largest deeded parking space in the building, conveniently located just outside the lobby entrance.
Ideally situated in the heart of Lake Oswego, this home offers easy access to George Rogers Park, Foothills Park, scenic Willamette River walking trails, and the pathway along Highway 43. Downtown Lake Oswego is just minutes away and offers an exceptional collection of boutique shopping, local cafes, and acclaimed restaurants, including Lake Theater & Cafe, St. Honore Boulangerie, Nicoletta's Table, Chuckie's, Tucci, and Salt & Straw. Everyday conveniences are equally close, with New Seasons Market, Zupan's Market, Whole Foods, Trader Joe's, Safeway, and Mercato Grove all nearby, placing some of the area's best shopping, dining, and recreation right at your doorstep.
Combining luxury finishes, spectacular river views, exceptional community amenities, and an unbeatable location, this remarkable residence offers effortless single-level living in one of Lake Oswego's most desirable communities. Whether you're entertaining on the expansive covered balcony, working from home, or unwinding while watching the river flow by, Unit 311 delivers a lifestyle that is truly second to none.
**Open Application Period (08/14/26)**
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Apartment for rent
Apartment
Available now
Small dogs OK
In unit laundry
Parking lot parking
Electric, fireplace, wood
What's special
Two sparkling outdoor poolsEffortless single-level livingLuxury finishesSpectacular river views
- 12 hours |
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Fireplace, Wood
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Features
- Kitchen Island, Soaking Tub, Storage
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,894 sqft
Video & virtual tour
Property
Parking
- Parking features: Parking Lot
- Details: Contact manager
Features
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Balcony, Custom Tiled Shower, Full Wall Backsplash, Fully Remodeled, High-End Finishes, Mini Split In Every Room, New Lvp Flooring, Office/Den, Quartzite Countertops, Small Dog Kenneling Station, Stainless Steel Appliances, Storage
- Pool features: Pool
- Has view: Yes
- View description: Amazing River Views
Lot
- Features: Views
Details
- Additional structures: Storage
- Parcel number: 05017006
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Materials
- Wood Siding
Condition
- Year built: 1966
Building
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Fitness Center, Pool
HOA
- Amenities included: Fitness Center
Location
- Region: Lake Oswego
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Price change | $4,195-2.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2026 | Listed for rent | $4,295+30.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/11/2023 | Listed for rent | $3,295+32.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/30/2023 | Sold | $655,000-3.5%$346/sqft |
Source: | ||
| 5/12/2023 | Pending sale | $678,800$358/sqft |
Source: | ||
| 4/19/2023 | Listed for sale | $678,800+25.7%$358/sqft |
Source: | ||
| 11/6/2020 | Sold | $540,000-9.8%$285/sqft |
Source: | ||
| 9/8/2020 | Pending sale | $599,000$316/sqft |
Source: Cascade Sothebys International Realty #20370978 Report a problem | ||
| 7/17/2020 | Price change | $599,000-6.3%$316/sqft |
Source: Cascade Sothebys International Realty #20370978 Report a problem | ||
| 7/7/2020 | Listed for sale | $639,000+1.6%$337/sqft |
Source: Cascade Sothebys International Realty #20370978 Report a problem | ||
| 6/5/2015 | Listing removed | $2,495$1/sqft |
Source: PropM, Inc Report a problem | ||
| 5/19/2015 | Price change | $2,495-3.9%$1/sqft |
Source: PropM, Inc Report a problem | ||
| 4/14/2015 | Listed for rent | $2,595+4%$1/sqft |
Source: PropM, Inc Report a problem | ||
| 7/12/2014 | Listing removed | $2,495$1/sqft |
Source: propM Homes Inc. Report a problem | ||
| 6/27/2014 | Listed for rent | $2,495+31.7%$1/sqft |
Source: propM Homes Inc. Report a problem | ||
| 1/11/2012 | Listing removed | $1,895$1/sqft |
Source: Mainlander Property Management Inc. Report a problem | ||
| 12/2/2011 | Listed for rent | $1,895$1/sqft |
Source: Mainlander Property Management Inc. Report a problem | ||
| 5/11/2008 | Listing removed | $629,000$332/sqft |
Source: Postlets #8019529 Report a problem | ||
| 5/1/2008 | Listed for sale | $629,000+22.1%$332/sqft |
Source: Postlets #8019529 Report a problem | ||
| 6/19/2007 | Sold | $515,000$272/sqft |
Source: Public Record Report a problem | ||







